Michael Sandel: What Money Can't Buy: The Moral Limits of Markets

 

What Money Can't Buy: The Moral Limits of 

Markets by Michael Sandel

1. How does Michael Sandel support the thesis that "over the past three decades we have drifted from having a market economy to becoming a market society?

He supports it by saying that today we are no longer a market economy, but a market society, what does that mean? means that we no longer use an effective tool to organize market economies, but that we become a world where the whole place is selling and has become our way of life.

2. What sorts of arguments are offered for and against the assumed proposal of paying young children two dollars for every book they read?

he is against paying a child because reading does not need to have that kind of incentive to do things, that develops with the good habits of society such as family, teachers or good directors, if we want to encourage children to read we can do it but not by means of money if not in a didactic way.

3.Now, what is your standpoint about cash incentives at school or at home to encourage students to read more books?

I think the reward for a child would not be to give money or a toy in exchange for reading, the best reward for one as a teacher and for them is to give or motivate them with the habits of a good discipline that is reading, understanding and analyzing everything who reads or thinking.

4.When Michael Sandel contends that "this tendency of markets and cash incentives of crowding out nonmarket goods, higher goods, can be seen in may spheres of social life, what sort of "higher goods" do you think he is refering to? 

These "higher goods" could be friendship, love, values, attitude or sex, these "higher goods" have been degraded by markets and cash incentives.

5.What kind of nonmaterial goods do you think have been crowded out by market transactions in Colombia?

I believe that some of the non-material goods that have been displaced by the markets here in Colombia are values, family, self-esteem, the meaning of a lifestyle because all the advertising and marketing that they have generated through money have made we create a false idea about a lifestyle where money is paramount and necessary for everything.

6. What should be the role of money and markets in our Colombian society?

the money in Colombia should be for the development of the country, creating more companies so that people have work, support sports in children and young people, study and also in health.